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Precision Optics wins $3.5M follow-on order for single-use ophthalmic endoscope, boosting production over 12-15 months

Market News
05 May 2026
GlobeNewsWire
View Source
Bullish
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Precision Optics Corporation received a $3.5 million follow-on production order from a global medical device company for its single-use ophthalmic endoscope. This order supports the customer's transition from a limited to full product launch, with shipments expected to begin soon and continue for 12 to 15 months. The single-use device aims to replace a decade-old reusable system, offering improved image quality and convenience. This milestone highlights Precision Optics' growing role in single-use endoscopy and validates its long-term investments in micro-optics and digital imaging technology.

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First Federal Savings Bank and ICBA highlight elder financial abuse risks and prevention tips on World Elder Abuse Awareness Day.

First Federal Savings Bank and ICBA highlight elder financial abuse risks and prevention tips on World Elder Abuse Awareness Day.

On World Elder Abuse Awareness Day, First Federal Savings Bank and the Independent Community Bankers of America (ICBA) raised awareness about elder financial abuse, which involves billions in suspected losses annually. They shared practical tips to p...

Market News
Neutral
1 hour ago
Castellum stock jumps 51% after winning $250M U.S. Navy logistics IT contract

Castellum stock jumps 51% after winning $250M U.S. Navy logistics IT contract

Castellum Inc. shares surged 51% in premarket trading after the company secured a $250 million contract with the U.S. Navy to provide logistics IT services. This multi-year indefinite delivery/indefinite quantity contract strengthens Castellum's posi...

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Bullish
1 hour ago
SpaceX's high valuation driven by hype, warns Direxion CEO; fundamentals may not justify price.

SpaceX's high valuation driven by hype, warns Direxion CEO; fundamentals may not justify price.

Direxion CEO Douglas Yones cautions that SpaceX's valuation, despite being the largest IPO ever, is largely driven by investor sentiment rather than solid financial fundamentals. The excitement is fueled by SpaceX's scale, Elon Musk's leadership, and...

Market News
Bearish
1 hour ago
Cuprina stock surges 64.7% after regaining Nasdaq compliance, then pauses for cautious trading.

Cuprina stock surges 64.7% after regaining Nasdaq compliance, then pauses for cautious trading.

Cuprina Holdings' stock jumped 64.73% last Friday after the company announced it had regained compliance with Nasdaq Capital Market listing requirements, avoiding delisting. This compliance was achieved after an appeal following a prior notice of non...

Market News
Bullish
1 hour ago
IperionX acquires key mineral assets near Titan Project to boost US critical minerals supply chain.

IperionX acquires key mineral assets near Titan Project to boost US critical minerals supply chain.

IperionX has agreed to acquire mining and processing assets from Covia Solutions adjacent to its Titan Project in Tennessee for $3 million. This acquisition adds mineral rights, stockpiles, equipment, and infrastructure, enhancing IperionX's position...

Company Fundamentals
Bullish
1 hour ago
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